Applied Aerospace and PCX Aerosystems Merge to Scale Aerospace Manufacturing Capabilities

Two aerospace suppliers, Applied Aerospace and PCX Aerosystems, are merging to create greater scale as a supplier of precision hardware and systems for aircraft, rotorcraft, satellites, launch vehicles, and missile defense. 

Both companies are privately held by Greenbriar Equity Group and will now operate as a combined company known as Applied Aerospace & Defense. The merger took place in late November and was announced Dec. 3; financial terms were not disclosed. 

“There’s been tremendous growth in the overall aerospace industry in next-generation aircraft, commercial spacecraft, and launch vehicles, and a lot of focus on missile defense. One of the things we hear from our customers is there are not enough companies in the aerospace industrial base with proven heritage and scale to support these new programs of record — so the decision was made to bring two companies together,” David Myers, chief strategy officer of Applied Aerospace, told Via Satellite.